1. Templates
  2. Agreements
  3. Loan Agreement Template


Loan Agreement Template

Prepared for:


Created by:


This loan agreement is hereby agreed to by the following parties:




City, State, ZipCity, State, Zip

[Sender.FirstName][Sender.LastName] and [Client.FirstName][Client.LastName] shall collectively be referred to as “The Parties” for the purposes of this loan agreement.

[Sender.FirstName][Sender.LastName] hereby agrees to extend a loan to [Client.FirstName][Client.LastName], and [Client.FirstName][Client.LastName] agrees to accept and repay a loan from [Sender.FirstName][Sender.LastName] pursuant to the entire terms of this agreement.


[Sender.FirstName][Sender.LastName] agrees to loan amount to [Client.FirstName][Client.LastName] as of loan date. [Client.FirstName][Client.LastName] agrees to repay that amount plus interest in accordance with the terms of this loan agreement.

Loan Delivery

[Sender.FirstName][Sender.LastName] shall make the full loan amount available to [Client.FirstName][Client.LastName] via the following method: 

 (Note: If Lender indicates “wire transfer” as the loan delivery method, the Borrower should complete the “wire transfer” of this loan agreement)

Wire Transfer

Account Number
Routing Number
Account Holder Name

Loan Repayment

[Client.FirstName][Client.LastName] agrees to make monthly payments in the amount of payment amount no later than the 1st calendar day of each month. [Client.FirstName][Client.LastName] will make payments amount payments to [Sender.FirstName][Sender.LastName] in this manner. 

The initial loan repayment installment shall be due on __________ and shall continue monthly until the final payment, due on _____________   .

Payment shall be considered late if not made by 5:00pm lender timezone on the 1st calendar day of each month. All late payments shall be subject to a late fee amount late payment fee.

Payments can be made via the following methods:

Governing Law

The terms of this loan agreement shall be governed by the laws of [Sender.State]. Any disputes, suits, or grievances must be filed in the state of [Sender.State].

Non-Payment Penalty

Should [Client.FirstName][Client.LastName] fail to make payments in accordance with this loan agreement, [Sender.FirstName][Sender.LastName] may bring due the full remaining balance of the loan. In such a case, [Client.FirstName][Client.LastName] must pay the full remaining balance of the loan within 30 days. 

Legal Fees

Both parties agree that, in the event of a court dispute regarding this loan agreement, the prevailing party’s full legal costs, including attorneys’ fees, shall be reimbursed by the opposite party. 


In the event that either party becomes deceased or otherwise incapacitated, their legal successors shall be fully responsible for upholding the terms of this loan agreement.

Financing Itemization

Amount given to borrower:Loan principal amount
Finance charge:Finance charge amount
Interest (if repaid entirely via monthly installments:Interest amount
Total Amount of Payments (if repaid as scheduled):Total repayment amount


Any communication or notification related to this loan agreement shall be made as follows:

If to [Sender.FirstName][Sender.LastName]:

City, State, Zip

If to [Client.FirstName][Client.LastName]:

City, State, Zip


By signing below, both parties indicate their acceptance of the terms of this loan agreement.









Use template